ACHIEVEMENT 2 BY @CHOMMYGIFT: BASIC SECURITY ON STEEM

Hi everyone, I am @chommygift. I have successfully completed my first achievement on Steemit. I am ready to share achievement 2 of basic security on Steemit with the knowledge impacted in me by @xkool24 by answering the questions one after the other.

Q1: Have you retrieved all your keys on Steemit?
Yes, I have retrieved all my keys on Steemit because, according to my mentor @xkool24, those keys are very important. I've also saved it as my document and will still print out the downloaded PDF and keep the hard copy.

Q2: Do you know each of these key functions and restrictions?
Yes, I learned from @xkool24 that there are four important keys, and each of these keys has its unique functions. They are

🔐 Posting key
This key can be used to post, comment, and also to vote but cannot be used for monetary related actions.

🔐Memo key
This key is not commonly used as it can only be used to encrypt and decrypt memos when transferring funds.

🔐 Active key
The active key is used for monetary-related actions like transferring and exchanging tokens. This key must not be revealed to any third party to avoid losing tokens in the future.

🔐Owner key
This key happens to be the most important key that should be properly secured. It can be used to recover an account or change other keys.

Q3: How do you plan to keep your master password?
I've saved it both online and offline. I'll still print it out and keep it because is the only way to derive other keys.

Q4: Do you know how to transfer your Steem token to another Steem user account?
Yes, I know how to transfer tokens to other Steem user accounts using my active password.

First I will have to sign in to my Steemit wallet using my active key. After signing in, click on Steem and select transfer, then input the details of the receiver, which is the wallet address or username, the amount to be transferred, and also the memo.

Then click the next button, and the process will be completed.

Q5: Do you know how to power up your Steem?
Yes, I know how to power up my Steem. From your wallet, you sign in using the active key. Click on Steem then power up.

Insert the amount and click Power Up and the process will be completed.

From what I understood, these are the answers to the achievement 2 questions, and I am looking forward to obtaining more knowledge from Steemit.

Thanks everyone and special thanks to @xkool24.